General Motors workers deal with the assembly line at the Fairfax Assembly & & Stamping Plant in Kansas City, Kansas.Jim Barcus for General MotorsGeneral Motors CFO Paul Jacobson is “significantly confident” the car manufacturer will strike its profits targets for the year regardless of an international scarcity of semiconductor chips thats forced several plant closures.”This is an extremely unstable circumstance and it alters a lot. I still feel comfy that the full year, well have the ability to provide the numbers we said we were because were believing artistically,” he said Wednesday during a Bank of America conference.GM had a “really solid” first quarter, led by strong consumer demand, according to Jacobson. He alerted investors “itll be choppy for the first half of the year, particularly as it relates to complimentary money circulation.”GMs earnings projection for the year is $10 billion to $11 billion, or $4.50 to $5.25 per share, in adjusted pretax earnings and adjusted vehicle complimentary capital of $1 billion to $2 billion. The projections consider the prospective impact of the chip shortage, including a hit of $1.5 billion to $2.5 billion to its complimentary cash flow.

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